So does that make you smarter? I am yet to meet a honest person who would not like a better car.
I have no idea.
It means when I needed a car the car before this one I only had £700 spare, and when I needed a car to replace that one because it was written off for me, the insurance company gave me a cheque for £1200.
I don't think you can make any inference as to my intellect from that though, although one might assume that if I were cleverer, less averse to borrowing money to spend on depreciating assets, more ruthless or better at football I might have had rather more than £700 to hand I suppose.
What was your point though?
Incidentally, I don't know what you mean be "a better car" - I've done more expensive, I've done fast, I've done small, I've done slow, and I've done large. And actually, all that matters is can I fit the camping stuff in, is it reliable, does it cost a fortune (total ownership), is everyone comfortable and does the air conditioning work. Beyond that I've discovered that not much truly matters, although the fast ones were more fun on quiet Scottish roads - but as I live in Yorkshire that's not a massive consideration.